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why do you think that's lacking so much between john boehner and president obama right now? >> well, again, they got very close in august of 2011 to get ago deal. and i think there's still some elements of that that can be reached. but look, i'm going to tell you, when you have harry reid making the comments that he did this morning and creating a poisoned atmosphere, those are the sort of things that slow down these sort of critical negotiations. i think, yes, the president and speaker boehner can get to an agreement, but they both need help from their respective parties and from their respective coleader, the opposite leaders in terms of making this work. and, again, what harry reid said today was not helpful to this entire process at all. >> speaker boehner, dictator -- >> i was in congress in 1995 and you remember gingrich only came to the table after he was embarrassed, after we went through this business of closing down the government, everybody said this was a terrible thing, you made a mistake. then he came to the table and worked things out with clinton. let's see w
why do you think that's lacking so much between john boehner and president obama right now? >> well, again, they got very close in august of 2011 to get ago deal. and i think there's still some elements of that that can be reached. but look, i'm going to tell you, when you have harry reid making the comments that he did this morning and creating a poisoned atmosphere, those are the sort of things that slow down these sort of critical negotiations. i think, yes, the president and speaker...
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president obama, meanwhile, will be back in washington today after cutting short his vacation in hawaii. he'll be joined on air force one, or he is joined on air force one right now -- they're in the air, actually -- by hawaii's lieutenant governor brian schatz, who is nominated to fill the senate seat left vacant following the death of senator daniel inouye. schatz is expected to be sworn in later this afternoon or this evening. >>> with the business of legislating stricter gun control, a "usa today"/gallup poll shows a split america. 58% of those polled want stronger gun laws, up 15% from october of last year, but when it comes to assault weapons, 44% of those polled support a federal ban, yet 51% oppose one, showing little movement over the last year. yesterday, philadelphia's mayor renewed calls for an assault weapons ban in the wake of the deadly shootings early monday that killed two firefighters in upstate new york. another teed off on comments made by the head of the nra, who told nbc's david gregory he favors armed guards at every school. >> i guess, you know, out of last week'
president obama, meanwhile, will be back in washington today after cutting short his vacation in hawaii. he'll be joined on air force one, or he is joined on air force one right now -- they're in the air, actually -- by hawaii's lieutenant governor brian schatz, who is nominated to fill the senate seat left vacant following the death of senator daniel inouye. schatz is expected to be sworn in later this afternoon or this evening. >>> with the business of legislating stricter gun...
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. >> right. >> let's listen to senator john barrasso on president obama's position. >> i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for programs. he gets to cut the military, and he gets to blame republicans for it. >> let's take the cynicism out of that, let's ask the question, is there in fact some benefit to going over the cliff? >> i think that there is. i don't think that the president does want to go over the cliff. i think he's made it extremely clear that he doesn't. and that's because he -- the president is not that much of a risk taker, he would rather come to a deal. he's eager to come to a deal. i don't think he's kidding, hen watts a big deal. he just doesn't have a partner on the other side. he's right and republicans know he's right. if you go over the cliff at this point tax rates go up, on dividends, capital gains and estate taxes go up. republicans want them down, they have to actively push to force them down. democrats only have to lower th
. >> right. >> let's listen to senator john barrasso on president obama's position. >> i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for programs. he gets to cut the military, and he gets to blame republicans for it. >> let's take the cynicism out of that, let's ask the question, is there in fact some benefit to going over the cliff?...
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they were delusional about the whole presidency, about president obama himself. it was so self-evident to him that he was incompetent, that this president was a fluke, that his support had just faded away and that the anti-obama forces were so heavy that it was going to be a cinch. you didn't need to speak up when this whole thing was going on, because obama was such an idiot, he had to lose. that's the moment they are now in. how could that world view have been wrong? you don't need to invest in people, you don't need to put ads up if you're going against an incompetent president. >> it's fascinating reading this globe stuff, because in a way there are no surprises in it, meaning the romney campaign turned out to be as ridiculous inside as it appeared to be from the outside. there was no -- there was nothing surprising going on in there. richard wolf, executive editor, and joy reed, managing editor, thank you for joining me. >> thank you. >>> coming up, i'm actually going to finish my christmas shopping right here on tv. that's right, i haven't finished, but on-
they were delusional about the whole presidency, about president obama himself. it was so self-evident to him that he was incompetent, that this president was a fluke, that his support had just faded away and that the anti-obama forces were so heavy that it was going to be a cinch. you didn't need to speak up when this whole thing was going on, because obama was such an idiot, he had to lose. that's the moment they are now in. how could that world view have been wrong? you don't need to invest...
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. >>> president obama is arriving right now in washington, d.c., coming back from hawaii, trading his tropical vacation for the hard reality of the fiscal cliff negotiations. the president called all four congressional leaders last night in an effort to reach a deal, but did that call fall on deaf ears? jared bernstein, former chief economist to vip biden, as well as a contributor. i want to start with the new statement from senator mitch mcconnell's office coming out says last night he called other lead serious. the leader is happy to review what the president has in mind, but to day date the majority has not put forward a plan. jared, is that good they're actually speaking, however far apart as it may sound, at least they're talking? >> it's a bit good. better to be talking than north. the unfortunate thing are the words they're saying. i don't hear much compromise or kind of conciliation in the statements we've heard thus far. i do hear a lot of theatrics, you go first, no you go first. it's strange to say the democrats haven't put forth any legislation on this, because in fact the
. >>> president obama is arriving right now in washington, d.c., coming back from hawaii, trading his tropical vacation for the hard reality of the fiscal cliff negotiations. the president called all four congressional leaders last night in an effort to reach a deal, but did that call fall on deaf ears? jared bernstein, former chief economist to vip biden, as well as a contributor. i want to start with the new statement from senator mitch mcconnell's office coming out says last night...
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. >>> president obama aboard air force one right now. >>> former president george h.w. bush in intensive care, we'll ha the very latest. i vigil for firefighters, a tornado in action and december surfing in the great lakes. "early today" starts right now. >> announcer: this is "early today" for thursday, december 27th, 2012. >>> good morning, i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with as much as a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. it's also creating a travel nightmare for those trying to get home after the holidays. more than 1700 flights were canceled on wednesday. nbc's meteorologist dylan dreyer is tracking the storm for us this morning. dylan, what can you tell us? >> well, so far under 400 flights have been canceled in the northeast today. this storm is going to create so
. >>> president obama aboard air force one right now. >>> former president george h.w. bush in intensive care, we'll ha the very latest. i vigil for firefighters, a tornado in action and december surfing in the great lakes. "early today" starts right now. >> announcer: this is "early today" for thursday, december 27th, 2012. >>> good morning, i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and...
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. >>> happening now, president obama is in the air right now on his way back to washington from hawaii to try to reach a deal to avoid the so-called fiscal cliff. he boarded air force one overnight and will be arriving in maryland around 8:45 this morning. the president cut short his vacation. democrats and republicans have just four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> new senator representing hawaii will arrive on capitol hill today. lt. governor will fill the seat left vacant by the death of senator daniel inouye. he was chosen from a list of three yesterday. the 40-year-old has served as state lawmaker and chairman of the hawaii democratic party. he will serve until an election in 2014. >>> lance armstrong has until today to appeal the ban imposed on him. he lost his seven titles december 6th, when the international cycling<ç÷%Ñ union banned him from the sport for life. penalties came after the united states anti-doping agency hit him with similar sanctions for using banned substances. armstrong did not appeal. it appears h
. >>> happening now, president obama is in the air right now on his way back to washington from hawaii to try to reach a deal to avoid the so-called fiscal cliff. he boarded air force one overnight and will be arriving in maryland around 8:45 this morning. the president cut short his vacation. democrats and republicans have just four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> new senator representing hawaii will arrive on...
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all right, you're looking live at honolulu where president obama will be president obama will be deadlock. but i it's something he said to john boehner leaving any room for compromise? if politicians don't take us over the cliff, will the unions? what the they're planning this k in from boston to houston threatening to strike you in the wallet. eric: read the headlines and they say that president is giving up his vacation takes toe a fiscal cliff deal, but is there any room for negotiation? let's talk about it a little bit. >> the president is heading back to washington to attempt a last-ditch effort with speaker boehner to forge some compromise to avert a fiscal cliff which will kick in in six days if nothing isone done. those are the headlines are we talking about is cutting his vacation short in tha and that l well and good. is there anything that can be done because they really seem to be at an impasse before christmms, the republicans in the houseors, imploded and a ve, very tight spot and i suspect if there is to be a deal it'll be a pretty on powering one for all involved. eric: jo
all right, you're looking live at honolulu where president obama will be president obama will be deadlock. but i it's something he said to john boehner leaving any room for compromise? if politicians don't take us over the cliff, will the unions? what the they're planning this k in from boston to houston threatening to strike you in the wallet. eric: read the headlines and they say that president is giving up his vacation takes toe a fiscal cliff deal, but is there any room for negotiation?...
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this was supposed to be a great success story for the obama administration in libya. this was not some embassy in iceland or luck i amburg where there was no terrorist threat. i think the secretary has to come up and raise her right-hand and answer these questions. >> absolutely. especially in light of the intelligence reports we were receiving that they were in the area, they were active and that was not an area that was peaceful, it was still hostile and needed to be treated appropriately with adequate security. when you send people overseas with their lives to do something 20 protect this country, we owe them more and they owe us some answers. i couldn't agree with you more. ambassador, thank you so much. >> thank you. >> come up, the headlines, screaming scandal from government sex scandals, outrageous spending scandals. a look at government gone wild next. also a deadly winter storm. snow, ice and wind stranding thousands of holiday travelers across the nation. the latest on the storm's path coming up. bye dad. drive safe. k. love you. [ chirping, buzzing continu
this was supposed to be a great success story for the obama administration in libya. this was not some embassy in iceland or luck i amburg where there was no terrorist threat. i think the secretary has to come up and raise her right-hand and answer these questions. >> absolutely. especially in light of the intelligence reports we were receiving that they were in the area, they were active and that was not an area that was peaceful, it was still hostile and needed to be treated...
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doctor about cialis for daily use and a 30-tablet free trial. >>> you're looking live at president obama just coming off the stairs of air force one at andrews air force base. cut short his holiday vacation. he left hawaii last night after less than a week there. he had to come back, had to be in washington in time to deal with the looming fiscal cliff just five days away. jessica yellen waiting for him at the white house. great to see you. what can the president do at this point, i guess, is the big question. and are aids still hopeful for a deal before january 1st? >> taking your second question first, hopefully, yes. confident, i would say that's going too far. at the white house they are frowning about what they consider recalls trance on willing to compromise. what can the president do, he can con joel all sides closer to some sort of agreement. from the democrats perspective what they think needs to be done is to get senate leader mcconnell to agree not to filibuster any action in the senate and then get speaker boehner to agree to put a bill forward on the house floor for a vote.
doctor about cialis for daily use and a 30-tablet free trial. >>> you're looking live at president obama just coming off the stairs of air force one at andrews air force base. cut short his holiday vacation. he left hawaii last night after less than a week there. he had to come back, had to be in washington in time to deal with the looming fiscal cliff just five days away. jessica yellen waiting for him at the white house. great to see you. what can the president do at this point, i...
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you are lazy. >> you have no idea what time it is right now, do you. >> no. >> you are huge obama supporters. >> yeah. i voted because they say if romney win we get no more food stamps. we need obama. >> these next four years going to listen to him. what happened in the first four years? >> i don't know. i was i actually voted for mccain. >> that was four years ago. >> i know but did i. >> when obama was growing up here he said there was a lot of racial issues. how would you define the racial scene here in law. >> i'm white. i get it sometime when i'm in the line of surfing. >> you are white? >> yeah. >> african-americans were not widely populating our schools. they were mostly located in the military family. >> i had some issues with race. we have all had issues. >> he he said he experimented with pot and some times cocaine. >> the late '70s in hawaii drugs were available. >> i saw you just a second ago smoking something out of a glass pipe. >> yes. >> what was that. >> that was my cigarette pipe. >> tobacco. >> well, tobacco. >> you and i have this thing going on it's great. >> you can fee
you are lazy. >> you have no idea what time it is right now, do you. >> no. >> you are huge obama supporters. >> yeah. i voted because they say if romney win we get no more food stamps. we need obama. >> these next four years going to listen to him. what happened in the first four years? >> i don't know. i was i actually voted for mccain. >> that was four years ago. >> i know but did i. >> when obama was growing up here he said there was a...
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then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told oba if you want a trillion dollar in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0 i'm a republican congressman and i signed your tax pledge to not raise taxes. if someone says here's a bill that says if you sign this we will cut taxes for 98% of americans. how could youay no? my point is, the administration is winning the war of optics. if they played it out this way, do they not win? >> well, they've won the war of optics so far because everything's been done in camera. it's been done inside closed walls. if c-span and fox and -- were able to videotape the negotiations, the kind of thing we're learning nowbout how obama said i have no interesting in cutting spending, he's been lying for two mons
then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told oba if you want a trillion dollar in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0 i'm a republican...
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is doing right now. that's the finding of a cnn poll. 52% approve the president's jo performance. 54% feel vice president joe biden is handling his job well. first lady michelle obama has the highest approval rating at 73%. >>> 5:09. coming up, this school gets our approval rating. ♪ [ music ] they are pretty good there. how they're teaching students with special needs how to find power in music. >> plus, a big rockslide leaves a mess for caltrans workers in big sur. how long it's going to take to clean up all those rocks and much. more when we come back. caltrans is still removing e rocks and making road repai after >>> now i'm stuck on this side of the rockslide. i can't get home. and i can't get to work where i'm meant to be in the next couple of hours. >> caltrans is still removing large rocks and making road repairs after a slide on highway 1 just a few miles south of big sur. >> the slide happened on sunday and since then a section has been completely closed. that's forced people who live or work
is doing right now. that's the finding of a cnn poll. 52% approve the president's jo performance. 54% feel vice president joe biden is handling his job well. first lady michelle obama has the highest approval rating at 73%. >>> 5:09. coming up, this school gets our approval rating. ♪ [ music ] they are pretty good there. how they're teaching students with special needs how to find power in music. >> plus, a big rockslide leaves a mess for caltrans workers in big sur. how long...
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they could have had a more popular message about cutting deficit spending, right? >> the truth is they would have been a lot better off taking the deal that boehner was negotiating with president obama way back when. it was a better deal all the way around. they missed that moment. but i think the real thing is who pays the price. the people who are going to pay the price are the americans, the middle class. this is crazy. it's nuts to be putting us through this. >> maria, all the focus on tax cuts. but the revenue from increasing the taxes on the wealthy will barely make a debt in the deficit to say nothing of the trillions in debt we're talking about. is this just a symbolic fight that the president is determined to win off his election? >> it's not symbolic. there will be money raised if the tax cuts for the top 2% are left to expire. but let me just bring up a point. no democrat and certainly not this president has said there should be no spending cuts. on the contrary this president has put on the table quite an extraordinary amount of spending cuts to the cha
they could have had a more popular message about cutting deficit spending, right? >> the truth is they would have been a lot better off taking the deal that boehner was negotiating with president obama way back when. it was a better deal all the way around. they missed that moment. but i think the real thing is who pays the price. the people who are going to pay the price are the americans, the middle class. this is crazy. it's nuts to be putting us through this. >> maria, all the...
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he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling for us, first of all, welcome. talk about the debt ceiling and how it affects us. we here horror scenarios about the red -- credit rating. >> one good thing you can say about reaching the debt limit is it's not a surprise. everybody has known this is coming up. the government will continue to function for a couple more months. emergency measures will be used to keep the money flowing, so to speak. this is unrelated to the fiscal cliff, so it's an additional problem that everybody has to deal with. of course the worst thing is we know how horrible it was the last time the debt ceiling needed to be raised in the summer of 2011, it went down to the wire and it looked as if there was a chance the united states would not
he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling for us, first of all, welcome. talk about the debt ceiling and how it affects us. we here horror scenarios about the red -- credit rating. >> one good...
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and that's when a grenade blast blew off most of his right arm. president obama attending a memorial service for the late senator in honolulu over the weekend. the first numbers from the holiday shopping season are in. and they are not good. the worse since 2008, in fact, a master card spending pulse report. finding holiday retail sales rose by less than 1% from last june. that's barely moving. most analysts had predicted a 3% to 4% increase. even online sales which had been growing slowed down dramatically. experts blamed several factors including worries fiscal cliff. the bad weather definitely played a role as well. especially super storm sandy, whatever the cause, bad holiday numbers mean bad news in general for the economy. overall many retailers make almost half their sales for the year during the month of november and december. gerri willis from the fox business network now to break it down for us. retailers slash prices. they threw all sorts of deals out there. >> 30%, 40%, 50%, almost 75% at some retail stores. falling consumer confidence
and that's when a grenade blast blew off most of his right arm. president obama attending a memorial service for the late senator in honolulu over the weekend. the first numbers from the holiday shopping season are in. and they are not good. the worse since 2008, in fact, a master card spending pulse report. finding holiday retail sales rose by less than 1% from last june. that's barely moving. most analysts had predicted a 3% to 4% increase. even online sales which had been growing slowed down...
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it slaps sanctions on russian human rights violators. russian president putin and other kremlin leaders have roundly condemned that measure. >> this is without any doubt an unfriendly act towards the russian federation. and the main point here is not about officials that are not allowed to have bank accounts there or whose property will be controlled. >> reporter: but the russian response-- banning u.s. adoptions-- has garnered criticism even inside the country. >> ( translated ): concerning the law itself, of course it disappoints me, because we know a lot of instances when children who have no future here end up in the united states, and get a loving family and a future because the government takes care of them. >> reporter: americans have adopted more than 60,000 russian children in the past two decades. the impending ban means families currently in the adoption process are left in limbo. >> we've already started preparing our home. not remodeling or painting or buying furniture or anything but just preparing the emotional state of ou
it slaps sanctions on russian human rights violators. russian president putin and other kremlin leaders have roundly condemned that measure. >> this is without any doubt an unfriendly act towards the russian federation. and the main point here is not about officials that are not allowed to have bank accounts there or whose property will be controlled. >> reporter: but the russian response-- banning u.s. adoptions-- has garnered criticism even inside the country. >> (...
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there's a reason why obama is leading this thing right now. he won the election. he now has the right, morally and politically to force his version of a deal upon people. we also have to consider the dynamics of congress. you know, boehner is going to be coming up to a speaker election january 3rd. all it will require is 17 republicans to overthrow him if they don't support him. that is a tiny number. you could argue this is inherently unstable. you could argue that maybe we're going to get it. some talk about bringing him an outside speaker like john huntsman. and i don't see that happening. but you get a sense of anything could happen in this system. >> and maybe it's a benefit. maybe in the long-term, but certainly right now there does seem to be a sense that it is a small group of people holding the rest of the process hostage. >> oh, yes. i'm trying to find something good to say about something. because the alternative is china, you know? i'd rather have a -- >> is that the case, though? is there not an alternative that you see and other examples as you look
there's a reason why obama is leading this thing right now. he won the election. he now has the right, morally and politically to force his version of a deal upon people. we also have to consider the dynamics of congress. you know, boehner is going to be coming up to a speaker election january 3rd. all it will require is 17 republicans to overthrow him if they don't support him. that is a tiny number. you could argue this is inherently unstable. you could argue that maybe we're going to get it....
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there will be another change in president obama's cabinet heading into his second term. lisa jackson administrator for the environmental protection agency will be stepping out after the state of the union peach next month. jackson cited the epa's progress in food, water, and air quality and also energy independence. jackson started at the agency as a scientist 25 years ago. humans of weapons show up in los angeles. from hand guns to revolvers and rifles and even assault weapons. just a sampling of guns traded for grocery gift cards. efull ap? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta
there will be another change in president obama's cabinet heading into his second term. lisa jackson administrator for the environmental protection agency will be stepping out after the state of the union peach next month. jackson cited the epa's progress in food, water, and air quality and also energy independence. jackson started at the agency as a scientist 25 years ago. humans of weapons show up in los angeles. from hand guns to revolvers and rifles and even assault weapons. just a sampling...
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an obama manicure an a fun easy way to express yourself. it's a really easy thing to do. >> it's trendy. do we stick with it for 13? >> i will approve this one with the condition it will get a little more practical and you're not going to see any more crazy feathers and spikes because you want to run your fingers through your hair. >> that is a good segue to our next trend. talons. >> lady gaga, beyonce. lady gaga does her monsters. she's putting her claws out. these are sharp spiky shaped nails, not round or square but actual eagle-like talons. >> don't try put your contacts win with those. >> these are like little weapons. >> do we approve those for 1201? >> this is not approved. this was a passing fad and it will get a little more natural. >> and don't want them to come after me with those talons. >> . >> all over the carpets we saw the trend of sheer cutouts. >> and showing up at the awards with a stun ining cutout strategically placed. everything else was sheer. four months after she gave birth to baby blue. it set the world on fire. i
an obama manicure an a fun easy way to express yourself. it's a really easy thing to do. >> it's trendy. do we stick with it for 13? >> i will approve this one with the condition it will get a little more practical and you're not going to see any more crazy feathers and spikes because you want to run your fingers through your hair. >> that is a good segue to our next trend. talons. >> lady gaga, beyonce. lady gaga does her monsters. she's putting her claws out. these are...
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that he had the right agenda to turn the nation around. and after a roller coaster season, he got them. mitt romney may have started off at the front runner, but to win the republican nomination, he had to fend off some feisty challengers. >> he's the worst republican in the country to put up against president obama. >> reporter: and overcome some self-inflicted wounds. after 50 primary contests, romney clenched the nomination and it was on to the general election. >> it will be a choice between -- >> two very different paths. >> reporter: their battle focused on the economy. >> we can't afford another four years like the last four years. >> we need more tax cuts for working americans. >> reporter: early on, two key moments changed the subject that helped the president. >> i think same-sex couples should be able to get married. >> the supreme court has upheld that every american buy health insurance. >> reporter: in june, president obama announced a new policy that would allow at least 800,000 young immigrants facing deportation to stay in
that he had the right agenda to turn the nation around. and after a roller coaster season, he got them. mitt romney may have started off at the front runner, but to win the republican nomination, he had to fend off some feisty challengers. >> he's the worst republican in the country to put up against president obama. >> reporter: and overcome some self-inflicted wounds. after 50 primary contests, romney clenched the nomination and it was on to the general election. >> it will...
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. >> all right. ian lee, thank you very much. appreciate it. >>> president obama back in washington today to tackle the so-called fiscal cliff. he landed about 30 minutes ago. you see him getting off of the air force one. the president shut his vacation short do deal with this economic crisis. according to a tweet from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jacks
. >> all right. ian lee, thank you very much. appreciate it. >>> president obama back in washington today to tackle the so-called fiscal cliff. he landed about 30 minutes ago. you see him getting off of the air force one. the president shut his vacation short do deal with this economic crisis. according to a tweet from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the...
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president obama just getting off of air force one right now. he has already made phone calls to all of the house and senate leaders trying to get this deal done before the end of the year. senate majority leader read speaking a short time ago saying he is it appears likely we're going over the fiscal cliff. over that news we sauce starts beginning to drop and the dow industrial average down seven points. we call it a fiscal cliff and it looks like we're going off the end of this cliff. most americans will not feel the effect of this but on your first paycheck you will probably get about a 4 percent cut. because the irs does not know what at the congress is doing they're not instructing employers on what to do just yet. >> we will be back in just a couple of minutes. >> calling this developing story this morning in walnut creek. a person is dead after an officer involved shooting at an apartment complex during the early morning hours in walnut creek. will tran is there live gathering information and he done this with an update on the end destina
president obama just getting off of air force one right now. he has already made phone calls to all of the house and senate leaders trying to get this deal done before the end of the year. senate majority leader read speaking a short time ago saying he is it appears likely we're going over the fiscal cliff. over that news we sauce starts beginning to drop and the dow industrial average down seven points. we call it a fiscal cliff and it looks like we're going off the end of this cliff. most...
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. >> kelly: president obama aboard air force one right now on his way back to washington. but it could be too late. a look at the new taxes you could be paying by next week. >> clayton: oh, goody. thanks. >> juliet: merry christmas. >> clayton: what makes a mate a perfect 10? never mind looks or personality. the new trait everyone is asking about, your credit score. what's your fica? >> "fox & friends" hour two starts right now. >> juliet: that's kind of creepy >> clayton: it is a good question to be asking if you think about it. now with credit being so tight, if you think you're going to get married and may want to buy a house, if you both got bad credit -- >> juliet: do you meet somebody and immediately start asking, what kind of car do you drive? >> kelly: are you an 800? >> clayton: it says something about your ability to save and how smart you are with money. >> juliet: not necessarily. credit gets wrecked because of divorces and other crazy things. >> clayton: the debate to come up. let us know what you think. >> juliet: there are lots of caveats, people. we start w
. >> kelly: president obama aboard air force one right now on his way back to washington. but it could be too late. a look at the new taxes you could be paying by next week. >> clayton: oh, goody. thanks. >> juliet: merry christmas. >> clayton: what makes a mate a perfect 10? never mind looks or personality. the new trait everyone is asking about, your credit score. what's your fica? >> "fox & friends" hour two starts right now. >> juliet:...
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the presiding officer: the senator has that right. mr. mcconnell: madam president, you'll excuse me if i'm a little frustrated at the situation we find ourselves in, but last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something weekend do to avoid the fiscal cliff. i say i'm a little frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months, literally for months. a plan that would simplify the tax code, shrink the deficit, protect the taxpayers, and grow the economy. but democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. this was even after he got reelected. and congressional democrats sat on their hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. the phone never rang. and so now here we are five days from the new year, and we might finally start talking. democrats
the presiding officer: the senator has that right. mr. mcconnell: madam president, you'll excuse me if i'm a little frustrated at the situation we find ourselves in, but last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something weekend do to avoid the fiscal cliff. i say i'm a little frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months, literally for months. a plan...
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the northeast getting the worst of it right now. we are tracking the storm. >>> and back to work in washington with five days to go. president obama comes back to washington to try to hammer out a deal with the senate, and we're hearing it may come down to the final minute of the year. >>> sticky gas pedals costing toyota $1 billion. the company's plan to put sudden acceleration allegations in their past and how you may we able to cash in on it even if you already sold your car. >>> a packed show ahead. congressman steven latourette of ohio, senator richard blumenthal of connecticut, plus the grinch. it's thursday, december 27th. "starting point" begins right now. >>> well, our starting point, a brutal winter storm battering the northeast and torturing holiday travelers all over the country. here it is on the radar. the system is expected to dump up to two feet of snow on central maine today. six states are under winter storm warnings, pennsylvania, new york, massachusetts, new hampshire, vermont, and of course maine. everyone there
the northeast getting the worst of it right now. we are tracking the storm. >>> and back to work in washington with five days to go. president obama comes back to washington to try to hammer out a deal with the senate, and we're hearing it may come down to the final minute of the year. >>> sticky gas pedals costing toyota $1 billion. the company's plan to put sudden acceleration allegations in their past and how you may we able to cash in on it even if you already sold your...
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president obama on his way back to washington right now but not all the lawmakers are there and if congress and the president do not reach a compromise before january 1st many analysts say the economy will slide back into a recession. gregg: mike emanuel is live on capitol hill. mike, any indication of the president's next move? >> reporter: well, gregg, last time we heard the president talk about the this matter he said he was calling on congressional leaders to essentially make sure taxes do not go up on middle class americans. presumably that would be a package that continues the bush tax cuts for those making up to $250,000. he would also like to continue emergency unemployment benefits for two million americans. and beyond that, details are kind of murky at this point. so we await the president to get back to washington. we know that the senate will be back in session today. we know there have been some conversations back and forth but at this point no indication that steps have moved forward closer to a deal, gregg. gregg: so, mike, if the senate comes back, what do we expect from the
president obama on his way back to washington right now but not all the lawmakers are there and if congress and the president do not reach a compromise before january 1st many analysts say the economy will slide back into a recession. gregg: mike emanuel is live on capitol hill. mike, any indication of the president's next move? >> reporter: well, gregg, last time we heard the president talk about the this matter he said he was calling on congressional leaders to essentially make sure...
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doug is right, house republicans did act. they acted to stop the defense cuts and stop the tax hikes. what happened since then, senate democrats have done nothing with it. i think president obama, senator reid, they have to bear some responsibility they haven't moved any of this house-passed legislation. it is time for president obama and senator reid to act. >> one thing an amos piece. senate passed a bill which protected folks making 250 and less and small businesses from a tax increase. that is collecting dust in the house right now. jon: well, doug, let me throw it back at you, this is the same senate that hasn't passed a budget in three years, even the president's budget got no votes in the senate the last time around. how can they lay all of the blame at the feet of the house of representatives? >> i would say, look, i think everyone shares in the blame what is going on here and but i do think that what you're seeing on the house is this, a almost a reluctance to take yes for an answer the president has put forward a pl
doug is right, house republicans did act. they acted to stop the defense cuts and stop the tax hikes. what happened since then, senate democrats have done nothing with it. i think president obama, senator reid, they have to bear some responsibility they haven't moved any of this house-passed legislation. it is time for president obama and senator reid to act. >> one thing an amos piece. senate passed a bill which protected folks making 250 and less and small businesses from a tax...
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the mac do you think if obama is reelected that ruth bader ginsburg will set down? are there any other justices you think might consider withdrawing from the supreme court? >> the answer is the resignation decisions are very political in the sense that justices decide to leave when a president to the lake in in a position to appoint them. this ginsburg is a great fan of president obama and i do think she will be publicly and obama's third year. she's 79 years old. she's often fishiness is served until 82 because that's the way brandeis, or i ago served until. that's not funny. that's true. and some people ask, why did she quit earlier to make sure obama has a seat? you know what, she's a human being and she's a widow and she loves what she does and she's good at it and she's got to bring some hope to do it. she's particularly enamored of her new colleague, elana kagan and her choices to be senior liberal the supreme court is is the price up at the watergate. what would you do? so i think she's going to stay. if obama is reelect to, and it's looking that way, i was n
the mac do you think if obama is reelected that ruth bader ginsburg will set down? are there any other justices you think might consider withdrawing from the supreme court? >> the answer is the resignation decisions are very political in the sense that justices decide to leave when a president to the lake in in a position to appoint them. this ginsburg is a great fan of president obama and i do think she will be publicly and obama's third year. she's 79 years old. she's often fishiness is...
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i think they have enormous incentive to deal right now because the poll numbers show that obama's numbers are gaining. democratic numbers are gaining. they're up in the 50s. republicans are down in the 20s and 30s. i think republicans lost the economic debate for now with democrats. i think there is lot of pressure on them to get this deal done soon and then, you know, we will start all over again because there will be a presidential budget in february and we'll be back at the table, negotiating this with the republicans right away. so it is just, should be seen as a little fiscal break or a fiscal, we'll come up with a better analogy but temporary stopgap measure what will then be, we're going to be starting this debate all over again in february. heather: mark, in terms of, you know, who the blame is placed upon and in terms of the public, poll after poll does show that they will blame republicans. is that a matter of messaging from republicans and what can they do, if anything, to change that? what have they done wrong? >> number one of the rasmussen poll today showed 44% would blame r
i think they have enormous incentive to deal right now because the poll numbers show that obama's numbers are gaining. democratic numbers are gaining. they're up in the 50s. republicans are down in the 20s and 30s. i think republicans lost the economic debate for now with democrats. i think there is lot of pressure on them to get this deal done soon and then, you know, we will start all over again because there will be a presidential budget in february and we'll be back at the table,...
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. >> you're kind of a republican, right? william ross -- >> sort of. >> do you feel like the republicans have sort of been played pretty effectively by the obama administration? >> sure, they can't win -- >> because look at it. here's geithner again. and i think he slipped. but, i don't know if he wanted to let everyone know. but here's steve liesman and tim geithner. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealth yers americans. remember it's only 2 percent. remember all those americans, too, get a tax cut under that framework on the first $250,000 of their income. in some sense it's a tax cut for all americans. >> so i don't know whether -- i mean there wasn't much of a pause there. >> there was no pause. >> there was no pause there. and all along, i've thought it might be in the obama administration's best interest to go over, so that then they could -- but that makes me and p
. >> you're kind of a republican, right? william ross -- >> sort of. >> do you feel like the republicans have sort of been played pretty effectively by the obama administration? >> sure, they can't win -- >> because look at it. here's geithner again. and i think he slipped. but, i don't know if he wanted to let everyone know. but here's steve liesman and tim geithner. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely....
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obama or attempt to. it's not clear whether mitch mcconnell or other senators in the republican party will allow that to move forward. if something passes in the senate, i think it's likely that the house will follow suit. i think that takes the pressure off john boehner a little bit in terms of bringing something to the floor that his minions don't love. >> take care, drew. >>> two firefighters shot and wounded on christmas eve are improving and starting physical therapy. joseph hoffstetter and the other firefighter were shot after being called to a fire. we are starting to hear the 911 calls. >> multiple firemen down. multiple firemen shot. i am shot. i think it was an assault rifle. >> volunteers from other areas have stepped in to help the webster fire department. >> we're all family, yep, brothers and sisters. it will be a long time before this department gets over this. i understand, if they need us to come back and help out we'll be here. >> police say william spengler set the fire to lure the fire
obama or attempt to. it's not clear whether mitch mcconnell or other senators in the republican party will allow that to move forward. if something passes in the senate, i think it's likely that the house will follow suit. i think that takes the pressure off john boehner a little bit in terms of bringing something to the floor that his minions don't love. >> take care, drew. >>> two firefighters shot and wounded on christmas eve are improving and starting physical therapy. joseph...
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obama returning from holiday early? is he a man that this is irrelevant? and the market has a bit [ inaudible ] >> couldinged market is not reading this right, could be the president is coming back for strictly symbolic purposes and don't, in fact, get a deal going into new year's eve. we just don't know at this point. and there's a lot riding on this, on advice yowly, that we can't see from here how we are going to get this deal by monday, what's going to be required is these guys are going to have to come to a deal behind closed doors and announce it publicly, it is going to have to survive the vetting it gets publicly and then it's going to have the votes in both the house and the senate, which are very different bodies, one controlled by republican, the other controlled by democrats and that's going to be a very dicy thing to do but it's going to be a moment of high drama if we get a between now and monday. >> his point about proceed yours is a good one. the president spoke to the business roundtable the other day as you recall, eamon, even if you got
obama returning from holiday early? is he a man that this is irrelevant? and the market has a bit [ inaudible ] >> couldinged market is not reading this right, could be the president is coming back for strictly symbolic purposes and don't, in fact, get a deal going into new year's eve. we just don't know at this point. and there's a lot riding on this, on advice yowly, that we can't see from here how we are going to get this deal by monday, what's going to be required is these guys are...
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the obama white house. the inside scoop you're only going to get from a barbara walters exclusive. >>> cracking down on moving companies that want to take you for a ride. we'll show you how customers are taking action. you're watching "world news now." ♪ don't come back no more no more no more no more hit the road, jack, and don't you come back no more ♪ >> announcer: "world news now" weather brought to you by no-no hair removal. w" weather brought to you by no-no hair removal. ♪ >>> that's interesting music. >> a little bit of techno for the morning. welcome back, everyone. you know why we were showing footage of the white house. president obama is heading back to the white house, cutting his hawaiian vacation short to be in washington where priority number one is avoiding the fiscal cliff. >> unless mr. obama and congress can reach a deal by the new year, across-the-board tax increases and deep spending cuts will be automat liically taking effect. and while the president takes his red-eye flight bac
the obama white house. the inside scoop you're only going to get from a barbara walters exclusive. >>> cracking down on moving companies that want to take you for a ride. we'll show you how customers are taking action. you're watching "world news now." ♪ don't come back no more no more no more no more hit the road, jack, and don't you come back no more ♪ >> announcer: "world news now" weather brought to you by no-no hair removal. w" weather brought to...
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the mac do you think if obama is reelected that ruth bader ginsburg will set down? are there any other justices you think might consider withdrawing from the supreme court? >> the answer is the resignation decisions are very political in the sense that justices decide to leave when a president to the lake in in a position to appoint them. this ginsburg is a great fan of president obama and i do think she will be publicly and obama's third year. she's 79 years old. she's often fishiness is served until 82 because that's the way brandeis, or i ago served until. that's not funny. that's true. and some people ask, why did she quit earlier to make sure obama has a seat? you know what, she's a human being and she's a widow and she loves what she does and she's good at it and she's got to bring some hope to do it. she's particularly enamored of her new colleague, elana kagan and her choices to be senior liberal the supreme court is is the price up at the watergate. what would you do? so i think she's going to stay. if obama is reelect to, and it's looking that way, i was n
the mac do you think if obama is reelected that ruth bader ginsburg will set down? are there any other justices you think might consider withdrawing from the supreme court? >> the answer is the resignation decisions are very political in the sense that justices decide to leave when a president to the lake in in a position to appoint them. this ginsburg is a great fan of president obama and i do think she will be publicly and obama's third year. she's 79 years old. she's often fishiness is...